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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
[1]
Jun. 30, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net income $ 890 $ 614 $ 1,307 $ 1,439 [2]
Other comprehensive income (loss), net of tax:        
Net unrealized gains (losses) on securities (338) (1,067) 92 (2,287) [1]
Net unrealized gains (losses) on derivatives 0 (2) 2 (1) [1]
Effect of changes in discount rate assumptions on certain long-duration contracts 59 328 (6) 690 [1]
Effect of changes in instrument-specific credit risk on market risk benefits (126) 357 35 660 [1]
Foreign currency translation adjustment 41 (122) 74 (168) [1]
Total other comprehensive income (loss), net of tax (364) (506) 197 (1,106) [1]
Total comprehensive income (loss) $ 526 $ 108 $ 1,504 $ 333 [1]
[1] Certain prior period amounts have been restated. See Note 3 for more information.
[2] Certain prior period amounts have been restated. See Note 3 for more information.